Flint Company sells tablet PCs combined with Internet service, which permits the tablet to connect to the Internet anywhere and set up a Wi-Fi hot spot. It offers two bundles with the following terms.

1.		Flint Bundle A sells a tablet with 3 years of Internet service. The price for the tablet and a 3-year Internet connection service contract is $512. The standalone selling price of the tablet is $246 (the cost to Flint Company is $174). Flint Company sells the Internet access service independently for an upfront payment of $312. On January 2, 2020, Flint Company signed 100 contracts, receiving a total of $51,200 in cash.
2.		Flint Bundle B includes the tablet and Internet service plus a service plan for the tablet PC (for any repairs or upgrades to the tablet or the Internet connections) during the 3-year contract period. That product bundle sells for $619. Flint Company provides the 3-year tablet service plan as a separate product with a standalone selling price of $160. Flint Company signed 200 contracts for Flint Bundle B on July 1, 2020, receiving a total of $123,800 in cash. Prepare any journal entries to record the revenue arrangement for Flint Bundle B on July 1, 2020, and December 31, 2020